Italy: Market for Ballasts For Discharge Lamps Or Tubes 2025

Market Size for Ballasts For Discharge Lamps Or Tubes in Italy

The Italian ballast for discharge lamp market declined to $X in 2021, which is down by -10.5% against the previous year. Overall, consumption saw a abrupt decline. Ballast for discharge lamp consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Ballasts For Discharge Lamps Or Tubes in Italy

In value terms, ballast for discharge lamp production surged to $X in 2021 estimated in export price. In general, production, however, saw a deep downturn. Ballast for discharge lamp production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Italy

In 2021, approx. X units of ballasts for discharge lamps or tubes were exported from Italy; jumping by 31% against 2020 figures. The total export volume increased at an average annual rate of +30.6% over the period from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ballast for discharge lamp exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +29.2% over the period from 2020 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Finland (X units), Germany (X units) and Spain (X units) were the main destinations of ballast for discharge lamp exports from Italy, together comprising 38% of total exports. These countries were followed by Romania, Poland, Switzerland, the Czech Republic, the Netherlands, Greece, France, Slovenia, the UK and Hungary, which together accounted for a further 43%.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +970.8%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) emerged as the key foreign market for ballast for discharge lamp exports from Italy, comprising 50% of total exports. The second position in the ranking was taken by Finland ($X), with a 10% share of total exports. It was followed by Germany, with a 10% share.

From 2020 to 2021, the average annual growth rate of value to Spain totaled +1,214.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+125.7% per year) and Germany (-37.1% per year).

Export Prices by Country

The average ballast for discharge lamp export price stood at $X per unit in 2021, approximately equating the previous year. In general, the export price recorded a slight slump. The export price peaked at $X per unit in 2020, and then shrank modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Spain ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+238.3%), while the prices for the other major destinations experienced a decline.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Italy

Ballast for discharge lamp imports into Italy reduced to X units in 2021, waning by -8.4% against the previous year. In general, imports continue to indicate a abrupt contraction. Imports peaked at X units in 2020, and then fell in the following year.

In value terms, ballast for discharge lamp imports surged to $X in 2021. The total import value increased at an average annual rate of +17.2% from 2020 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Romania (X units) and Poland (X units) were the main suppliers of ballast for discharge lamp imports to Italy, with a combined 72% share of total imports.

From 2020 to 2021, the biggest increases were in Romania (with a CAGR of +150.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of ballast for discharge lamp to Italy, comprising 39% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by Poland, with an 11% share.

From 2020 to 2021, the average annual rate of growth in terms of value from China stood at +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-19.4% per year) and Poland (+74.7% per year).

Import Prices by Country

In 2021, the average ballast for discharge lamp import price amounted to $X per unit, picking up by 28% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +27.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+79.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :